With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.
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Transcript of With LMG Secretariat LMG Forum February 2011 Christopher Croft, LMGS Justin Emrich, Atrium.
With
LMG Secretariat
LMG ForumFebruary 2011
Christopher Croft, LMGSJustin Emrich, Atrium
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Agenda
• Modernisation update
• Atrium, messaging and endorsements
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© Xchanging 2010, no part of this document may be circulated, quoted or reproduced without prior written approval of Xchanging.
ECF2 Current Status
Claims Agreement Screen (CAS)
Single Sign On (SSO)
• MAT has now completed and been signed off• Deployment to production scheduled 4th March• Rollout from end of March onwards
Document File Viewer (DFV)
• 5.3 million documents extracted and 4.5m converted• 2.3m documents have been loaded• MAT starts beginning April• Deployed to production in beginning of May
• Rollout from late May onwards
Claims Workflow Services (CWS)• MAT start rescheduled to May• Deployment to production in J une• Rollout from J uly onwards
Claims Data Warehouse (CDW)• ECF005 remains the focus• MAT starts early March• Options for distribution are being evaluated
• 13 carriers receiving live messages• 1 fully integrated into own workflow • Others carriers to join by arrangement with Xchanging
Claims Workflow Triggers (CWT)
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© Xchanging 2010, no part of this document may be circulated, quoted or reproduced without prior written approval of Xchanging.
eAccounts
eAccounts Release 1B (R1B)
Now in Production
Initial use raised some teething troubles that will be resolved
Upgraded testing and training environment being established for full rollout
UIB, Guy Carpenter & Price Forbes have begun the implementation process with a target live date of 3rd May
eAccounts Release 2 (R2)
Detailed review continues of functional specifications produced early 2010
Assessment of impact will be produced once work is complete in 4 -6 weeks.
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Endorsements
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Coverholder reporting standards
• Premium standard
• US property exposure standard (ER 3001)
• NEW claims standard
• www.lloyds.com/acord
• Or see Sarah Thacker
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Co-lead binders & ECF
• Aim => to find the best method of allowing electronic processing of co-lead binders claims
• Main obstacle to all new claims on ECF
• Pilot approach being agreed
• More news in coming months
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Non bureau progress
• Pilot work starting involving Aon, Willis and 5ish company market insurers
• Probably run parallel processes to start with
• Some use of Exchange for messages
• Will allow us to build compelling business case to encourage adoption
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The Message Exchange Limited
• Cross market ownership of key infrastructure
• Directors:
– Shirine Khoury-Haq (IUA)
– Simon Gaffney (LIIBA)
– Kirk Maddern (LMA)
– Peter Spires (Lloyd’s)
• Close to signing a contract with IBM
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Future processing model
• Consultation paper published
• Consultation runs until end March
• Contact your association or
• www.londonmarketgroup.co.uk/future
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Questions?
23rd February 201112
ePlacing Solution
23 February 2011
The Journey
> What have we built?
> Why?
> Benefits
> How hard was it?
> Do we like eEndorsements?
> What next?
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23 February 2011
Atrium’s ePlacing Software Solution
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Gateway
Underwriting System
DMSMessage
Poller
Workflow db
U-Manager
In-BoxMMTRisk
Screen
MMT
Lookup Underwriter from Policy Ref or UMR
Routing
Lloyd’s Exchange
Third Party System Atrium System
MMT kept as a backup.
Other Workflows
23 February 2011
In-Box
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23 February 2011
Message Detail Screen Link to Underwriting screen & Slip
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23 February 2011
Reply Screen
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23 February 2011
Message Allocation
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23 February 2011
Send for Entry Workflow
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23 February 2011
Atrium’s ePlacing Software Solution
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Gateway
Underwriting System
DMSMessage
Poller
Workflow db
U-Manager
In-BoxMMTRisk
Screen
MMT
Lookup Underwriter from Policy Ref or UMR
Routing
Lloyd’s Exchange
Third Party System Atrium System
MMT kept as a backup.
Other Workflows
23 February 2011
Why did we do it?
> Needed to integrate to get buy-in
> Fits Atrium’s Hub and Spoke Strategy
> Wanted a Fast and Flexible Solution
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23 February 2011
Benefits of our Approach
> One In-Box
> Single Click
> Fully Integrated (as far as we can)
> Flexibility – very quick to build & alter
> Easy Management Information
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23 February 2011
How hard was it?
> Spec kept changing – GUA Rules !!
> Breaking new ground for us – Acord messaging
> Easy to slot into our existing environment
> Est 20 days development
> Credit to Web Connectivity
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23 February 2011
Do we like eEndorsements?
> Honestly
–Not a lot
–Process is too clinical - Silent Broke
–Not suitable for Negotiation
–“Back dating is a real pain”
> But
–Saves time on simple Requests & Notices
–Cuts down processing costs – scanning etc
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23 February 2011
What next for Atrium?
> Link to Peer Review
> Merge Word Documents
> Open up Underwriting System for updates
> Merge our MMT with Web Conn’s
> Build Mobile app ?
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23 February 2011
Future
> Improved Communication / Negotiation
> Other Classes / Message Types
> Mobility
> Collaboration ?
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23 February 201127